What do Knorr-Bremse do?
Knorr-Bremse is a leading player in electronic brake controls, driver assistance systems and air supply systems, thus making an important contribution to road safety. Powertrain systems are another product area, including torsional vibration dampers for diesel engines.
Is Knorr-Bremse a public company?
Knorr-Bremse AG’s stock has been publicly listed since October 12, 2018. It is officially traded on the regulated market of the Frankfurt Stock Exchange (Prime Standard).
How many employees does Knorr Bremse have?
29,000 employees
More than 29,000 employees devote all their expertise and passion to our customers and partners – at over 100 locations in more than 30 countries around the globe.
When did Knorr Bremse IPO?
October 12, 2018
INITIAL PUBLIC OFFERING (IPO). HISTORY OF THE IPO. Knorr-Bremse AG successfully launched on the Frankfurt Stock Exchange on October 12, 2018.
When did Knorr Bremse go public?
The German brake system maker hopes to raise more than €4.2 billion during its initial public offering set for October 12, which could make the listing of the “hidden champion” the most valuable in 2018.
What kind of braking systems does Knorr Bremse make?
Knorr-Bremse AG is a German manufacturer of braking systems for rail and commercial vehicles that has operated in the field for over 110 years. Other products in Group’s portfolio include intelligent door systems, control components, air conditioning systems for rail vehicles, torsional vibration dampers,…
Where are the headquarters of Knorr Bremse AG?
Company headquarters are relocated from Berlin to Munich (former Süddeutsche Bremsen-AG) in Bavaria. Development and manufacture of braking systems resumed in the western part of Germany, with emphasis on HiK system.
How does Knorr Bremse help reduce rail noise?
Knorr-Bremse also offers further solutions to reduce noise emissions for people living near rail tracks with special friction material like the Flexpad silent and the wheel flat protection system.
When did Knorr Bremse merge with Robert Bosch?
Series production begins in 1996. Robert Bosch GmbH merges activities in the electronic brake control sector with Knorr-Bremse Commercial Vehicle Systems. Knorr-Bremse takes a 60% share, giving it overall managerial control of the joint venture; Bosch retains a 20% share.
